No longer can companies focus on interests of shareholders, ignoring impact on others

Kenya Power employee Photo: Courtesy

No person is an island, not even corporate persons. As the Ubuntu philosophy asserts, ‘a person is a person through other people.’

We all depend on relationships to be who we are. Even corporate entities need relationships, not just with their shareholders, but also with their stakeholders to achieve the objectives for which they were incorporated and are in business. In simple terms, this is the essence of relational thinking or at least the point where it connects with corporate governance.